PDN - ETF AI Analysis
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Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF (PDN)
Rating:54Neutral
Price Target:―
Positive Factors
Broad Country Diversification
The ETF spreads its investments across many developed markets outside the U.S., which helps reduce the impact of problems in any single country.
Wide Sector Mix
Holdings are spread across multiple sectors like industrials, financials, real estate, materials, and technology, which can smooth out returns when one industry is struggling.
Generally Strong Year-To-Date Performance
The fund’s overall year-to-date results are positive, supported by several top holdings that have shown strong gains so far this year.
Negative Factors
Recent Short-Term Weakness
The ETF has slipped over the past month, showing that its performance can be sensitive to short-term market swings.
High Exposure to Japan
A large portion of the portfolio is invested in Japanese stocks, which increases the fund’s dependence on that single market’s economic and currency conditions.
Moderate Expense Ratio
The fund’s fees are not extremely high but are meaningfully above the cheapest index ETFs, which slightly reduces the net return investors receive.
PDN vs. SPDR S&P 500 ETF (SPY)
AUM349.70M
RegionDeveloped Markets
Expense Ratio0.47%
Beta0.74
IssuerInvesco
Inception DateSep 27, 2007
Dividend Yield3.26%
Asset ClassEquity
Index TrackedRAFI Fundamental Select Developed ex US 1500 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume13,520
30 Day Avg. Volume20,853
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PDN Summary
PDN is an ETF that follows the RAFI Fundamental Select Developed ex US 1500 Index, focusing on smaller and mid-sized companies in developed countries outside the U.S., such as Japan, the UK, and Canada. It holds a wide mix of industries, including industrials, technology, and financials, with companies like Tower Semiconductor and Beazley among its top positions. Investors might consider PDN to add international diversification and tap into the growth potential of smaller companies in stable economies. A key risk is that small and mid-sized stocks can be more volatile, so the value of this ETF can go up and down sharply with the market.
How much will it cost me?This ETF has an expense ratio of 0.47%, which means you’ll pay about $4.70 per year for every $1,000 invested. That’s higher than the average low-cost index ETF because this fund uses a more complex, rules-based strategy to select small- and mid-cap stocks outside the U.S., rather than simply tracking a basic market-cap index.
What would affect this ETF?This ETF could benefit if developed economies outside the U.S. grow steadily, boosting small and mid-sized industrial, consumer, and materials companies, and if global demand for commodities and technology supports its mining and tech holdings. On the downside, slower global growth, rising interest rates, or currency swings between the U.S. dollar and foreign markets could hurt smaller international companies more than large ones, and changes in regulations or trade policies in these countries could add extra risk.
PDN Top 10 Holdings
PDN’s story is driven by a cluster of rising Asian and Japanese industrial and tech names, with Kingboard Laminates and Horiba helping to pull the fund forward thanks to steady, upbeat momentum. Semiconductor-linked stocks like Kulicke & Soffa and Tower add to the upside, though their mixed fundamentals mean the ride isn’t perfectly smooth. ASMPT and Hamamatsu Photonics show more cautious, mixed trends, occasionally tapping the brakes. With broad sector exposure but a clear tilt toward industrial and tech small- to mid-caps across developed markets outside the U.S., this ETF is a globally diversified, ex-U.S. sidecar to core holdings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Kingboard Laminates Holdings | 0.49% | $1.68M | HK$289.43B | 913.78% | 68 Neutral | |
| Tower | 0.38% | $1.31M | ₪95.22B | 689.95% | ― | |
| Kulicke & Soffa | 0.33% | $1.15M | $6.38B | 267.84% | 61 Neutral | |
| ASMPT Ltd | 0.33% | $1.15M | HK$87.52B | 245.52% | 58 Neutral | |
| Horiba | 0.25% | $875.55K | ¥1.20T | 147.88% | 77 Outperform | |
| THK Co | 0.24% | $834.64K | ¥863.01B | 17.61% | 70 Neutral | |
| ― | 0.23% | $796.67K | ― | ― | ― | |
| Hamamatsu Photonics KK | 0.23% | $782.43K | ¥864.55B | 51.51% | 74 Outperform | |
| NHK Spring Co., Ltd. | 0.22% | $766.17K | ¥827.11B | 160.73% | 74 Outperform | |
| Beazley | 0.22% | $748.48K | £7.59B | 39.09% | 76 Outperform |
PDN Technical Analysis
Positive
―
Price Trends
45.70
Negative
45.10
Positive
43.23
Positive
Market Momentum
-0.11
Negative
50.32
Neutral
46.55
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PDN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 45.32, equal to the 50-day MA of 45.70, and equal to the 200-day MA of 43.23, indicating a neutral trend. The MACD of -0.11 indicates Negative momentum. The RSI at 50.32 is Neutral, neither overbought nor oversold. The STOCH value of 46.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PDN.
PDN Peer Comparison
Comparison Results
Performance Comparison
PDN
Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF
44.83
7.10
18.82%
IDHQ
Invesco S&P International Developed High Quality ETF
―
―
―
TILC
Thrivent International Large Cap ETF
―
―
―
FYLD
Cambria Foreign Shareholder Yield ETF
―
―
―
TLTD
FlexShares Morningstar Developed Markets ex-US Factor Tilt
―
―
―
ISCF
iShares MSCI Intl Small-Cap Multifactor ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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